South Korea’s largest container carrier – Hanjin Shipping – has just filed for receivership. Years of weak demand have negatively impacted the many maritime industries, including shipping.
Read MoreFirm Principal Steve Simms recently explained in an article for Bunkerspot that although the US government removed some sanctions against Iran on January, 16, 2016, there remain some obstacles and concerns for companies interested in doing business with Iran.
Read MoreSteve Simms, Principal of Simms Showers LLP, recently published an article in Bunker Bulletin detailing the likely changes to be seen in the bunkering industry in the wake of the OW collapse.
Read MoreIn the post-OW-collapse world, vessel owners and charterer customers are now understandably more wary to deal with brokers and traders, who they believe might not pay physical suppliers who will, in turn, arrest their vessels.
Read MoreFirm Principal J. Stephen Simms has been nominated and selected as one of the world’s leading shipping legal practitioners, in Who’s Who Legal: Transport 2016.
Read MoreIn a recent article for the shipping industry magazine Bunkerspot, firm Principal J. Stephen Simms synthesizes the legal issues relating to bunker supply contracts which were discussed at the ARACON conference in October, organized by Petrospot.
Read MoreIn a recent article for the shipping industry magazine Bunkerspot, firm Principal J. Stephen Simms explains that using ISO 8217 specifications along with MARPOL VI regulations in sales terms and conditions can be problematic for bunker suppliers.
Read MoreSeveral US-based companies have reached settlements with the US subsidiaries of bankrupt Danish bunkering giant OW Bunker and look set to get paid in January next year, Platts Bunkerworld has learned.
Read MoreFirm Principal J. Stephen Simms was quoted in an October 28th article for Tradewinds, regarding the implications of a recent false claims act settlement.
Read MoreIn a recent article for the shipping industry magazine Bunkerspot, firm Principal J. Stephen Simms analyzes the fallout of the OW collapse and summarizes the status of current court proceedings surrounding the competing claims.
Read MoreIn a recent article for the shipping industry magazine Bunkerspot, firm Principal J. Stephen Simms analyzes the responsibility of marine fuel suppliers to affirmatively engage to assure that the fuel that they sell is MARPOL compliant.
Read MoreIn a recent article for the shipping industry magazine Bunkerspot, firm principal J. Stephen Simms analyzes past attempts and the rationale behind developing consistent international marine fuel sales terms and conditions.
Read MoreIn an article for the shipping industry magazine Bunkerspot, firm principal J. Stephen Simms explains how bunker suppliers can act quickly and effectively to protect their own interests when owners or charterers file for insolvency.
Read MoreIn an article for the shipping industry magazine Bunkerspot, firm principal J. Stephen Simms provides a counter-offensive to the growing threat of cyber hackers targeting the bunker industry.
Read MoreIn an article for the shipping industry magazine Bunkerspot, firm principal J. Stephen Simms outlines the steps bunker suppliers should take to reduce their exposure to prosecution under new MARPOL Annex VI requirements for supplying compliant fuel.
Read MoreShip owners are typically well aware when their charterers are not paying for their bunkers, but they are quick to claim wrongful arrest whenever a trader or supplier attempts to recover payment for bunkers supplied.
Read MoreIn a recent article for the shipping industry magazine Bunkerspot, firm principal J. Stephen Simms analyzes sales terms, particularly retention of title, and explains their importance in assisting recovery efforts against buyers in light of the game-changing collapse of OW Bunker.
Read MoreA recent article by firm principal J. Stephen Simms can be found in the shipping industry magazine, Bunkerspot.
Read MoreA recent article by firm principal J. Stephen Simms highlights strategies for marine equipment lessors and maritime lien creditors.
Read MoreA recent article by firm principal J. Stephen Simms can be found in the shipping industry magazine, Bunkerspot.
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